RCGE vs. WAGN
RCGE (RockCreek Global Equality ETF) and WAGN (Pabrai Wagons ETF) are both Global Equities funds. Both are actively managed. At a correlation of -1.00, they often move in opposite directions. RCGE charges 0.95%/yr vs 0.90%/yr for WAGN.
Performance
RCGE vs. WAGN - Performance Comparison
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Returns By Period
RCGE
- 1D
- -0.44%
- 1M
- 0.54%
- 6M
- 4.51%
- YTD
- 4.51%
- 1Y
- 11.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAGN
- 1D
- -0.29%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RCGE vs. WAGN - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
RCGE RockCreek Global Equality ETF | -0.69% |
WAGN Pabrai Wagons ETF | -1.29% |
Correlation
The correlation between RCGE and WAGN is -1.00, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026 | -1.00 |
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Return for Risk
RCGE vs. WAGN — Risk / Return Rank
RCGE
WAGN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RCGE vs. WAGN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RockCreek Global Equality ETF (RCGE) and Pabrai Wagons ETF (WAGN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RCGE | WAGN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | — | — |
| Martin ratioReturn relative to average drawdown | 4.09 | — | — |
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Drawdowns
RCGE vs. WAGN - Drawdown Comparison
The maximum RCGE drawdown since its inception was -13.32%, which is greater than WAGN's maximum drawdown of -1.29%. Use the drawdown chart below to compare losses from any high point for RCGE and WAGN.
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Drawdown Indicators
| RCGE | WAGN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.32% | -1.29% | -12.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.33% | — | — |
Current DrawdownCurrent decline from peak | -1.04% | -1.29% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -1.96% | -1.15% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | — | — |
Volatility
RCGE vs. WAGN - Volatility Comparison
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Volatility by Period
| RCGE | WAGN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 8.04% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 8.04% | +7.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 8.04% | +7.24% |
RCGE vs. WAGN - Expense Ratio Comparison
RCGE has a 0.95% expense ratio, which is higher than WAGN's 0.90% expense ratio.
Dividends
RCGE vs. WAGN - Dividend Comparison
RCGE's dividend yield for the trailing twelve months is around 1.73%, while WAGN has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
RCGE RockCreek Global Equality ETF | 1.73% | 1.81% |
WAGN Pabrai Wagons ETF | 0.00% | 0.00% |
Frequently Asked Questions
RCGE and WAGN have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WAGN is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WAGN is cheaper with a 0.90% expense ratio, compared with 0.95% for RCGE.
RCGE has the higher dividend yield at 1.73%, compared with 0.00% for WAGN.
They also come from different issuers: RockCreek and Pabrai. Their fees differ too: 0.95% for RCGE and 0.90% for WAGN.
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